Usually, when the administration needs a distraction from just how broke and insolvent in reality the country is, it sends the stock market soaring higher. As such it is beyond ironic that as the S&P is set to hit an all time high, Detroit - that shining symbol of the Obama administration's bailout of General Motors - effectively goes broke.

ROTFLMAO that’s awesome! I used to refer to Detroit as Washington DC without the monuments but it’s much worse than that now. It looks like Robocop will come true after all. Pretty soon all of their pro sports teams will jump the border into Canada.

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